[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 410 KB, 1331x772, 1572910712545.png [View same] [iqdb] [saucenao] [google]
16210368 No.16210368 [Reply] [Original]

>Chase Bank wipes out all Canadian credit card debt
>won't reset American credit card debt
>fed prints $40-$80 billion every single day for 3 months to buy boomer stocks
>won't print the $550 billion needed to Wipeout student loan debt
Why can't Americans catch a break

>> No.16210393

>>16210368
>Chase Bank wipes out all Canadian credit card debt
>it's real
What the fuck. WHY.

>> No.16210409

>>16210393
The cost to try to get them to pay it wasn’t worth it

>> No.16210437

>>16210368
where can i go to find out exactly they've spent on repo fuckery? When i look at the FRED balance sheet it only shows about $300 billion

>> No.16210441

>>16210368
because America is a third world country with some first-world cities.

>> No.16210567

>>16210368
love how i have to come here to this board to find out about this shit. fuck msm. fuck big banks. fuck.

>> No.16210620
File: 58 KB, 679x769, 1561328364812.png [View same] [iqdb] [saucenao] [google]
16210620

>>16210368
> taking out loans to live and go to school...

>> No.16210647

>>16210409
precisely

Sause: https://www.theguardian.com/world/2019/aug/09/chase-bank-cancels-all-credit-card-debt-for-canadian-customers